Is Wallops Island, VA 23337 a buyer’s or seller’s market?
Wallops Island is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Wallops Island housing market right now
In the three months ending August 31, 2026, 100% of homes in Wallops Island, VA 23337 sold above their list price and the typical home went under contract in 85 days. With only 1 sale, these figures can swing a lot from month to month.
Within Accomack County, homes here sell more slowly than in 58% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Withams 23488 (0% sold over asking) or Wachapreague 23480 (0% sold over asking).
Run the numbers for 23337
Nearby markets
Accomac 23301Buyer’s market $125 /sq ftAtlantic 23303 — /sq ftBelle Haven 23306Buyer’s market $103 /sq ftBloxom 23308Buyer’s market $179 /sq ft Browse all markets →Where Wallops Island is
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Questions about Wallops Island real estate
How fast do homes sell in Wallops Island?
The typical home went under contract in 85 days in the latest three months.
Do homes in Wallops Island sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 103.6% of the list price.
What are property taxes in Wallops Island?
About 0.48% of a home’s value a year in Accomack County, or roughly $1,920 on a $400,000 home.
What is the median home price in Wallops Island?
The median sale price was $631,727 in the three months ending August 31, 2026, about $176 per square foot.
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More tools for 23337
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology